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Millennials Pivot Toward Homeownership; Economic Ripple Effects Still Unknown

PYMNTS

It was only a few short years ago that the conventional wisdom was that millennials were shaping up to be slower entering the homebuying market than their Gen X siblings and baby boomer parents. Millennials are no longer holding back when it comes to homeownership. Things like homeownership. Today’s Buying Boom .

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Millionaires, Millennials And The Great Avocado Debate

PYMNTS

Are millennials eating too many avocados on toast for their own good? The crux of the debate is this: are first- time home sales down because, given the choice of a two car garage and a yard in the suburbs, millennials have, en masse, decided they’d rather enjoy a more richly-delicious brunch experience, week in and week out?

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Are Millennials in Financial Crisis?

Filene

I had about $20K in student loan debt, $8K in credit card debt, a car note for $12K, monthly rent and utilities, and of course important things like eating to worry about. If credit unions had the right products, millennials would not need to use alternative services. How can your credit union meet the needs of millennials?

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WeWork Rolls Out Retail Form

PYMNTS

The firm has already opened co-living communities in New York and Washington DC. WeLive, of course. It’s name? According to Bloomberg reports – WeLive apartments are designed for people to be able to move in with just a couple suitcases, whether for a few nights or a year.

Retail 104
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Recreating The Hotel As A Social Hive 

PYMNTS

“I really think the genesis of that is coming from millennials. And millennials are a very interesting group to watch. And candidly, they’re right,” Jim Abdo told The Washington Post. Abdo’s firm, Abdo Development, built Washington, D.C.’s s first microtel in 2016 — Hotel Hive.

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Goodyear And Changing Tires On Demand

PYMNTS

But, of course, no one likes having to go and replace a tire. Unless, of course, they never want to go to the store at all. In our (traditional tire) stores we skew slightly older and slightly male, and we are missing millennials and women,” Thomas said. “We There is the expense involved, often considerable.

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Outside The Box (And Inside The Storage Container) Solutions To Sky-High Rent

PYMNTS

Older adults tend to own, while younger adults skew much more heavily toward renting – particularly millennials, for whom homeownership is lower than other generations at the same point in their lives. A group of non-Catholic, non-religious, social justice-minded millennials moved into a convent to live with the nuns for six months.